Tax Resources
Internal Revenue Service
Visit the IRS website at www.irs.gov to file a simple tax return online, check your refund status, and read about IRS rules and regulations.
California Franchise Tax Board
Visit www.ftb.ca.gov for California income tax forms, calculators, and updates for California’s tax law.
L & S Tax Blog
Visit the L & S Tax blog for updates and information from the Partners at L & S Tax Services.
CA sales tax decreases on 1/1/2017
/0 Comments/in Blog /by lstaxservices_i8x1k2Good news for CA taxpayers! A temporary increase to sales tax approved by voters expires on 12/31/2016. In 2017 the rate drops by .25%. So for all of those looking to purchase your newly approved recreational marijuana, you will pay slightly less in sales tax. However, there are cultivation taxes, a 15% statewide excise tax […]
Obamacare open enrollment began November 1st
/0 Comments/in Blog /by lstaxservices_i8x1k2Many people who couldn’t afford health insurance chose to instead pay the penalty for not having insurance. That penalty increased dramatically in 2015 and again in 2016. The “somewhat” good news is that for 2017 and beyond the penalty increases are much smaller since they are simply adjusted for inflation. Here’s a link on the […]
Another group of IRS scammers arrested
/0 Comments/in Blog /by lstaxservices_i8x1k2Twenty people were recently arrested in another fake IRS scam. This one involved call centers in India and runners doing some of the ground work in the US. These scammers convinced people that they would be arrested if they didn’t make immediate payments through a variety of gift cards. The real IRS does not accept […]